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Nov 6, 2012
11/12
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say it again, ohio, nevada -- >> ohio, wisconsin, nevada. if barack obama gets those three, can win every other swing state -- >> do the polls tell us that he is ahead in those three? >> yes. >> they do? >> he is ahead in all three. in fact of the nine swing states, tyler, mitt romney has a clear lead only in the state of north carolina. he is even with president obama in florida and many strategists in both parties believe florida will go to mitt romney but he has got to get a lot more than that. >> john harwood, thank you very much. as john outlined it is very difficult for either candidate, frankly, to get to that magic 270 number without the state of ohio and here's video evidence from cleveland as to how important it is. both the romney and the biden campaign planes making stops at the cleveland hopkins airport and holding last-minute appearances in the state. our senior correspondent scott cohn is in the buckeye state, a state with the state of the economy actually cuts both ways. scott? >> yeah, it does, tyler. first, a look at how th
say it again, ohio, nevada -- >> ohio, wisconsin, nevada. if barack obama gets those three, can win every other swing state -- >> do the polls tell us that he is ahead in those three? >> yes. >> they do? >> he is ahead in all three. in fact of the nine swing states, tyler, mitt romney has a clear lead only in the state of north carolina. he is even with president obama in florida and many strategists in both parties believe florida will go to mitt romney but he has...
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Sep 29, 2012
09/12
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franklin nevada was a buy after they came on. sandstorm is so much smaller than franklin nevada or real world which is the other big player. the company can focus on taking down smaller deals that the big boys wouldn't bother with because the deals with too small to move the needle for. at the moment sandstorm has acquired eight gold streams and three royalties. out of these 11 total assets five of them are now producing. most of these assets are in geopolitically stable areas, three in brazil, three in canada, one in mexico, one in nevada. maybe that's the least stable. fiscal cliff. financial joke. anyway the company has 150 million in capital it can use to acquire new production streams. i've seen one analyst who thinks sandstorm can grow production by an astounding 228% from last year through 2015 on a cumulative basis. even if that figure's too bullish, even within the realm of possibility makes it compelling. i am always looking for a way to play with gold with a lot of up side. at the end of the day this business is about
franklin nevada was a buy after they came on. sandstorm is so much smaller than franklin nevada or real world which is the other big player. the company can focus on taking down smaller deals that the big boys wouldn't bother with because the deals with too small to move the needle for. at the moment sandstorm has acquired eight gold streams and three royalties. out of these 11 total assets five of them are now producing. most of these assets are in geopolitically stable areas, three in brazil,...
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Nov 29, 2012
11/12
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>> it's been better. >> susan austin runs a small business outside reno, nevada. but her business is different. it's a brothel. the legendary mustang ranch. >> this is one of our suites. this is the asian suite. >> austin thought the world's oldest profession would be recession proof. not true. >> a lot of my high rollers suddenly discovered they didn't have the discretionary income. they couldn't play as hard as they used to. well, that definitely dug into their wallets, which definitely affected us. >> lance gillman owns the brothel. will the fiscal cliff impact the mustang ranch? >> well, if folks run out of money and jobs, i suppose it could. >> gillman is a republican who is looking to nevada's powerful democrat, harry reid, to keep that from happening. >> do you like harry reid? >> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in washington affects everybody in the united states. it's going to trickle down to me
>> it's been better. >> susan austin runs a small business outside reno, nevada. but her business is different. it's a brothel. the legendary mustang ranch. >> this is one of our suites. this is the asian suite. >> austin thought the world's oldest profession would be recession proof. not true. >> a lot of my high rollers suddenly discovered they didn't have the discretionary income. they couldn't play as hard as they used to. well, that definitely dug into their...
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Jul 19, 2012
07/12
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million people voted in 2008 in nevada. 6% undecided now. when's the math work out? $20 per undecided voter just in the last few days and as you said, mandy, we have almost four months to go until election day. >> that's a lot of money. thank you, john. >>> now turning to more on taxes. right? as you have seen, a central focus on the campaign trail. between the president's calls for higher taxes on the wealthy to mitt romney releasing to release the past returns and yesterday at the delivering alpha conference, treasury secretary tim geithner weighed in saying we need more people paying in to the system. >> we want to lower rates, expand base. to do that, you have to raise effective tax rates on some americans. and we think we should do it on the americans that can easier, more easily bear the burden of that. and so, yes, any effective tax reform proposal has to have some device and a simple one. not a complicated one to make sure there's a higher effective tax rate through base broadening. >> all right. base broadening. more people paying.
million people voted in 2008 in nevada. 6% undecided now. when's the math work out? $20 per undecided voter just in the last few days and as you said, mandy, we have almost four months to go until election day. >> that's a lot of money. thank you, john. >>> now turning to more on taxes. right? as you have seen, a central focus on the campaign trail. between the president's calls for higher taxes on the wealthy to mitt romney releasing to release the past returns and yesterday at...
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Nov 29, 2012
11/12
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next stop, nevada. jane wells looking at how snaene majority leader harry reid's state is handlingle upcoming fiscal cliff. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. we are gathered here today to celebrate the union of tim and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence
next stop, nevada. jane wells looking at how snaene majority leader harry reid's state is handlingle upcoming fiscal cliff. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least,...
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Apr 11, 2012
04/12
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nevada is number one in foreclosures. unemployment is over 10% and climbing. silver told us she had to defend her unique services like the trauma center, so she chose to sacrifice services that are duplicated at private hospitals, even though patients may not be able to afford them. the services that you have closed include what? >> we no longer provide prenatal services. we closed the outpatient oncology program. we cancelled a contract for outpatient dialysis. we closed the dedicated high risk obstetrical unit that we had. and we stopped doing outpatient mammography. >> we were there when the women's cancer clinic closed. >> it's like, you know, a sharp pain. i can't--i have to go, like, lay down. i can't move. >> dr. nick spiratos treats ovarian and uterine cancers. >> take care. it's been great working with you. >> when the hospital first informed you that the outpatient oncology clinic was going to close, what did you think? >> how can you do this to cancer patients? they're dying. if we don't provide them care, their outcome is guaranteed. they're going
nevada is number one in foreclosures. unemployment is over 10% and climbing. silver told us she had to defend her unique services like the trauma center, so she chose to sacrifice services that are duplicated at private hospitals, even though patients may not be able to afford them. the services that you have closed include what? >> we no longer provide prenatal services. we closed the outpatient oncology program. we cancelled a contract for outpatient dialysis. we closed the dedicated...
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Oct 25, 2012
10/12
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i'm pessimistic about nevada. much more optimistic about colorado. but to close the loop, given what you know now, you were the first guy to give him florida, virginia and north carolina. given what you know now, is mitt romney the leader in this race today right now? >> i think if you look -- if you add to those three states ohio and new hampshire and in both of our suffolk polls, we have the race dead even in both states at 47, you mentioned the ballot test number at 47, that gets him to 270. but i'm not willing to just willy-nilly give michigan, pennsylvania, wisconsin, nevada -- i think those are potentially -- they could stay blue based on the ballot test numbers. now, as in polling, polling's a snapshot, everything can change. and if that happens, and obama were to drop, then obviously -- >> we'll be watching very carefully. david and bill, thank you, gentlemen. i appreciate it very much. >>> up next on "kudlow," hurricane sandy takes aim at the east coast with meteorologists saying it's likely to cause $1 billion in damages. the full story on
i'm pessimistic about nevada. much more optimistic about colorado. but to close the loop, given what you know now, you were the first guy to give him florida, virginia and north carolina. given what you know now, is mitt romney the leader in this race today right now? >> i think if you look -- if you add to those three states ohio and new hampshire and in both of our suffolk polls, we have the race dead even in both states at 47, you mentioned the ballot test number at 47, that gets him...
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Nov 7, 2012
11/12
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nevada's going to go for -- i mean -- >> you think it's over? you think it's done? >> i think it's over. and what i'm trying to say is there's a clash of principles in this country. a f very fierce clash. okay? i happen to be on the supply side of that clash. free market. look, can you find common ground? in other words, you can have leadership. doesn't mean you have to give up your principles. can you find common ground? and i think what john harwood said is a good point. it is true two summers ago that they were close. they were close. whether that's the promiseland remains to be seen. something has to give otherwise the economy is going to hell again and the country will go bankrupt. >> larry, there's a -- >> the country will go bankrupt? >> the country will go bankrupt. if we can't solve this stuff with entitlements and the debt ceiling, the country will go bankrupt. >> very large bipartisan group in the senate that is willing to come together. the question is, is the house ready to play that? >> let me bring in a couple new voices to the mix. we have catherine
nevada's going to go for -- i mean -- >> you think it's over? you think it's done? >> i think it's over. and what i'm trying to say is there's a clash of principles in this country. a f very fierce clash. okay? i happen to be on the supply side of that clash. free market. look, can you find common ground? in other words, you can have leadership. doesn't mean you have to give up your principles. can you find common ground? and i think what john harwood said is a good point. it is...
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Dec 5, 2012
12/12
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mostly in southern california and nevada new york city, nashville and atlanta. this is a well run bank. let's check in with russell goldsmith and find out where this bank might be headed. i don't know anyone in this world who has the pulse of wealthy people the way you do. i need to know whether they are quaking about the increase of possible capital gains. will it be business as usual? >> great to be with you. appreciate the support. i think we have been seeing for well over six months, it falls into two groups. a lot of people are sitting on their hands. deals are getting called off. i'm not going to borrow until i know where they are going to drive the economy. there is always a slice of people who see opportunity with that. that is what city national and i would say a small minority have done. but most people are sitting on the sidelines waiting to know what is my health care cost and depreciation schedule. >> you have these big banks moving into wealth management. your kind of people don't want to be in that business. >> wealth management is a science and a
mostly in southern california and nevada new york city, nashville and atlanta. this is a well run bank. let's check in with russell goldsmith and find out where this bank might be headed. i don't know anyone in this world who has the pulse of wealthy people the way you do. i need to know whether they are quaking about the increase of possible capital gains. will it be business as usual? >> great to be with you. appreciate the support. i think we have been seeing for well over six months,...
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Dec 6, 2012
12/12
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you asked somebody what they did for fun in nevada. didn't you just recently do a story about a brothel in nevada, as well? is there -- >> yes, i did. the mustang ranch is just about ten minutes down the road. i didn't see any amazon workers there at that point. when i visited. >> how would you know? >> i don't know. never mind. >> they didn't have their tags on them. >> see you tomorrow, jane wells. >>> all right, amazon, retail play for the holidays or elsewhere? karen? >> i mean, great company, love it as a customer, cannot possibly get close to it at this valuation. >> is there any time -- it's always the same thing. karen would never buy it. >> you know that, it's not -- >> right. >> you can't come to grips with buying it. >> i wasn't close to buying it is when i decided. >> it still continues to defy all laws and people when they sit in front of their computers, smartphones, it's increasing. you sit there, shop, monetize mobile. that's the key, you want to be a buyer of that. i'd rather buy amazon than any of the other retail nam
you asked somebody what they did for fun in nevada. didn't you just recently do a story about a brothel in nevada, as well? is there -- >> yes, i did. the mustang ranch is just about ten minutes down the road. i didn't see any amazon workers there at that point. when i visited. >> how would you know? >> i don't know. never mind. >> they didn't have their tags on them. >> see you tomorrow, jane wells. >>> all right, amazon, retail play for the holidays or...
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Nov 6, 2012
11/12
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. >>> nevada is another state to watch. las vegas has had more political tv ads than any other city in the nation. and the candidates have been stumping there every single week. jane wells is stomping the ground there is as well. jane? >> reporter: i'm outside caesars palace, las vegas is packed, obviously everybody voted early or not voting at all we talk about nevada, we talk about the gaming companies and some ceos have contributed to mitt romney. all of them have contributed to state republican races, las vegas sands, mgm resorts, wynn, caesars. off the strip in a state with the highest unemployment rate in the nation, one wealthy co is spending his money on a bold, private gamble on job creation. >> this is our newest zap poe's office building. >> reporter: online shoe retailer zap poes, based in henderson, nevada, is running to a generally run down area north of the strip, better known for tattoo parlors than glitz. ceo tony shea taken over several floors in a condo in that neighborhood. he is planning to invest $350
. >>> nevada is another state to watch. las vegas has had more political tv ads than any other city in the nation. and the candidates have been stumping there every single week. jane wells is stomping the ground there is as well. jane? >> reporter: i'm outside caesars palace, las vegas is packed, obviously everybody voted early or not voting at all we talk about nevada, we talk about the gaming companies and some ceos have contributed to mitt romney. all of them have contributed...
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Oct 26, 2012
10/12
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you then look to nevada where the president's holding a lead still. 50-47. the reason that's important is that mitt romney, all of these battleground states are states that barack obama carried in 2008. mitt romney has to take away most of them in order to get the 270 electoral votes, sue. he hasn't gotten there yet. he's got some advantages in places like florida. he's moving up in virginia. but he's got to try to crack ohio and then you've got states like out west like nevada which are the president's holding a lead. in wisconsin, paul ryan's home state, holding a lead. if mitt romney can't put together some combination of those he's not going to make it. >> does your gut tell you if he'll be able to do that, or no? >> continues whether or not he gets a breeze at his back and sustains momentum. he got a lift after the first debate in denver. that's made a difference. the question is, is that lift gone or is that momentum still going to push him. if he has it, then he can get over the hump in those swing states. if he can't, it is a grind-it-out operation w
you then look to nevada where the president's holding a lead still. 50-47. the reason that's important is that mitt romney, all of these battleground states are states that barack obama carried in 2008. mitt romney has to take away most of them in order to get the 270 electoral votes, sue. he hasn't gotten there yet. he's got some advantages in places like florida. he's moving up in virginia. but he's got to try to crack ohio and then you've got states like out west like nevada which are the...
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Mar 23, 2012
03/12
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it's been tested in arizona, nevada and new york. taking a look at shares, they're trading a little bit lower about two events of a percent. aig has repaid about $1.5 billion to the u.s. treasury closing out the investment, paying it down a year ahead schedule, but still oweses treasury and the fed $45 billion for the bailout that received in 2008. the u.s. government's stake in aig has been reduced to 70% and let's take a look at shares. down about 1.5% in frankfurt at 21.14. >> the bank has reduced pay tackages to reflect a weaker performance. credit sweet has reduced its compensation pool by 40%. let's get back to henry kicksen on. you have 15% in financials. what correction are you moving? >> specialty financials, life insurance and i think obviously the banks. what we have been keen to do is actually with regards to life insurance, we see the bond moving and picking up in yields has been positive because it's all about the net present value of liabilities. and at bond yields pick up, i think that's very powerful. our biggest ove
it's been tested in arizona, nevada and new york. taking a look at shares, they're trading a little bit lower about two events of a percent. aig has repaid about $1.5 billion to the u.s. treasury closing out the investment, paying it down a year ahead schedule, but still oweses treasury and the fed $45 billion for the bailout that received in 2008. the u.s. government's stake in aig has been reduced to 70% and let's take a look at shares. down about 1.5% in frankfurt at 21.14. >> the bank...
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Oct 30, 2012
10/12
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las vegas, for example, in nevada with a lot of transient population under heavy economic pressure as the gambling industry has gone down this year with the slowdown of the u.s. economy. but i think if we step back from six states and look at history, there are four strong historical indicators which favor president obama. first of all, since the republic began with george washington, 29 presidents have sought re-election, 19 of them have won, only 10 have lost. p that's a 2:1 advantage to president obama. second when the stock market does better than 5% and it's been up 8% during obama's four year, 80% of the incumbents win. when it's below 5%, only 40 respect abo respe respect% of them win. finally, governor romney is 14 years older than obama. no one who is 14 years would older has taken the white house. and he's the third oldest candidate ever to run for president behind reagan and harrison. so history is on obama's side. >> appreciate the stats. we have someone writing in all this on the back of hurricane season, michael, let's continue with you because we've been looking at a lo
las vegas, for example, in nevada with a lot of transient population under heavy economic pressure as the gambling industry has gone down this year with the slowdown of the u.s. economy. but i think if we step back from six states and look at history, there are four strong historical indicators which favor president obama. first of all, since the republic began with george washington, 29 presidents have sought re-election, 19 of them have won, only 10 have lost. p that's a 2:1 advantage to...
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Feb 1, 2012
02/12
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terrible, nevada, nevada. >> i had one of the candidates call it nevada. >> they'll lose the primary. >> i thought it was nevada. >> facebook's ipo -- >> nevada? >> there's no, it's nevada. it's absolutely nevada. >> one of the candidates did that. facebook's ipo formally expected later. i should talk, because i have changed, i think it should be -- >> we're back on this again? >> we went for several months and now we're back there. >> it is german, it means to exchange. it was always my suggestion for the proposed nyse deutsche bÖrse deal that the new exchange should be called tauscha, too. >> if we're talking german. but my ancestors decided to change it to tauscha. >> they might have gotten the deal passed if they would have changed the name. >> that would have been very diplomatic, it never got steam. facebook is the deal of the day now that we know the fate of that deutsche bÖrse deal and what we're expecting is prospectus to come today, filing for placeholder of $5 billion. andrew a want to talk a little bit about the underwriters, because obviously morgan stanley was a shoe-i
terrible, nevada, nevada. >> i had one of the candidates call it nevada. >> they'll lose the primary. >> i thought it was nevada. >> facebook's ipo -- >> nevada? >> there's no, it's nevada. it's absolutely nevada. >> one of the candidates did that. facebook's ipo formally expected later. i should talk, because i have changed, i think it should be -- >> we're back on this again? >> we went for several months and now we're back there. >>...
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Dec 6, 2012
12/12
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jane wells is in nevada. good morning. >> reporter: hey, carl, not sure we have a lot of apple shareholders here but i'll check. you want a job? find the work, up next we hit the open road visiting rv parks filled with seasonal workers working at places like amazon, called work campers. meet one, after the break. [ male announcer ] what can you experience in a seat? inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans history! [ male announcer ] and once in a great while... all of the above. take your seat in the incomparable audi a8. take advantage of exceptional values on the audi a8 during the season of audi event. ♪ look this isn't my first christmas. these deals all seem great at the time... but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. sf
jane wells is in nevada. good morning. >> reporter: hey, carl, not sure we have a lot of apple shareholders here but i'll check. you want a job? find the work, up next we hit the open road visiting rv parks filled with seasonal workers working at places like amazon, called work campers. meet one, after the break. [ male announcer ] what can you experience in a seat? inspiration. great power. iconic design. exhilarating performance. [ race announcer ] audi once again has created le mans...
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Jun 12, 2012
06/12
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it takes on average, 464 days to complete a foreclosure in nevada, compare that to 125 days in arizona, this all according to foreclosure radar. foreclosure sales, the final stage of the process were up 30% in may in arizona but up barely 8% in las vegas. arizona home prices are recovering. the medium price paid for a phoenix home at a 29 month high, up 18% annually. as home prices in las vegas rose 2.5%. the comparison is important because las vegas is looking at bills that could stall the foreclosure process. really interesting numbers. >> thanks. the housing and financial crisis decimated net worth among americans. the nemedian family's net worth fell 40%, 40% between 2007 and 2010, the largest drop since 1989. kate warren is an investment strategist with edward jones and we will talk a little bit about how to rebuild that net worth. it doesn't feel right now like that is possible. not only is my house not rising in value and not likely to do so for any time, stocks do not feel reliable at all to most americans. >> i think the first thing you need to do is to realize many people's n
it takes on average, 464 days to complete a foreclosure in nevada, compare that to 125 days in arizona, this all according to foreclosure radar. foreclosure sales, the final stage of the process were up 30% in may in arizona but up barely 8% in las vegas. arizona home prices are recovering. the medium price paid for a phoenix home at a 29 month high, up 18% annually. as home prices in las vegas rose 2.5%. the comparison is important because las vegas is looking at bills that could stall the...
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Nov 29, 2012
11/12
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he wants to make sure it doesn't kill nevada's fledgling recovery. later gillman takes it to a 30,000-acre industrial park he's built for facilities for walmart and toys "r" us. he says when it comes to the fallout for fiscal cliffing he says, quote, this is where the buck stop zmienlts know of anyone who doesn't like harry reid. he must be a great senator for people in nevada. >> he takes care of the state. >> it's a small state and he's very powerful and he looks out for nevada and that's why you have republicans say they don't agree with him but they like what he does -- >> were you comfortable sashaying in there, jane? >> this isn't my first rodeo. you know, actually once in the '80s -- well, i'm dating myself. i posed as a prostitute for a story in miami and i was on the street of biscayne bay and nobody would stop. it was very embarrassing. >> you didn't touch anything while you were there, did you? i saw you sort of -- >> i was not like that. no, no. it was very pleasant. they were professional. >> all right. never mind. you were very comable.
he wants to make sure it doesn't kill nevada's fledgling recovery. later gillman takes it to a 30,000-acre industrial park he's built for facilities for walmart and toys "r" us. he says when it comes to the fallout for fiscal cliffing he says, quote, this is where the buck stop zmienlts know of anyone who doesn't like harry reid. he must be a great senator for people in nevada. >> he takes care of the state. >> it's a small state and he's very powerful and he looks out for...
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Apr 30, 2012
04/12
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as a result, "the new york times" notes that silicon valley-based apple set up a subsidiary in nevada, a state with no corporate state tax. and the "new york times" in its analysis while apple last year earned over $34 billion, about 40% more than walmart, earning about $24 billion, apple paid about half what walmart paid in taxes globally. making its nominal tax rate around 9.8% compared to walmart's 24%. now in a statement to the times, apple defends its tax practices, noting that its employees alone have already paid $5 billion in taxes already this year. now it's not unusual that tech companies pay lower taxes than other industries, and they work tech issues to their advantage. while brick and mortar stores like walmart collect sales taxes in states where they operate, amazon is very well-known for convincing state legislators where it's operating, its big systems and big distribution centers not to collect state taxes when they send those things out there in order to make sure that they have jobs there. now for individual investors, tech companies are now poised to be very big pl
as a result, "the new york times" notes that silicon valley-based apple set up a subsidiary in nevada, a state with no corporate state tax. and the "new york times" in its analysis while apple last year earned over $34 billion, about 40% more than walmart, earning about $24 billion, apple paid about half what walmart paid in taxes globally. making its nominal tax rate around 9.8% compared to walmart's 24%. now in a statement to the times, apple defends its tax practices,...
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Nov 6, 2012
11/12
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the key state to watch are iowa and nevada. coming up next, we are going to talk about the social media buzz and courtney reagan is going to bring us the latest after this. ♪ [ female announcer ] today is not just about who lives in the white house, it's about who lives in the yellow house, the brick, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, the open-air office and the home office as well. ♪ today is not just about who rides in air force one, it's about who rides in the 4 door sedan, the 2 door hatchback and the v8 muscle car. ♪ because today it's about all of us. and no matter who you are, or where you live, you're the commander-in-chief of your own life. and that's something that will never change. ♪ and that's something that will never change. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in
the key state to watch are iowa and nevada. coming up next, we are going to talk about the social media buzz and courtney reagan is going to bring us the latest after this. ♪ [ female announcer ] today is not just about who lives in the white house, it's about who lives in the yellow house, the brick, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, the open-air office and the home office as well. ♪ today is not just about who rides...
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Feb 1, 2012
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february 4th, nevada and maine. colorado, minnesota and missouri. and the end of the month you have arizona and michigan. those are all romney states. let me bring in my pal bob schrum. from a distance, i know that's not your cup of tea, but i want you to comment on your other cup of tea. don't you think if romney does as well as the polls say, and not the florida polls, but the polling data polls. this is basically over and it's all over, with the shouting. >> kevin is saying all of the right things. we're not going take this for granted. he'll be determined and i said in february 2008 and it made some people in my own party mad that it was clear that barack obama was not going to be the democratic nominee for president and it is clear to me that mitt romney is. newt gingrich will limp through february assuming he has enough money and he might even win in those southern states and in texas on super tuesday, but then he's going have to go to one big state like pennsylvania, for example, or later, california, and romney's people will take all of thos
february 4th, nevada and maine. colorado, minnesota and missouri. and the end of the month you have arizona and michigan. those are all romney states. let me bring in my pal bob schrum. from a distance, i know that's not your cup of tea, but i want you to comment on your other cup of tea. don't you think if romney does as well as the polls say, and not the florida polls, but the polling data polls. this is basically over and it's all over, with the shouting. >> kevin is saying all of the...
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Sep 21, 2012
09/12
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i want you to think god father ii in that senator from nevada. let's watch this. >> people running for president filed a tax return and let everybody look at them and mitt romney's can't do that because he's basically paid no taxes in the prior 12 years. >> the word's out that he hasn't paid any taxes for ten years. let him prove that he has paid taxes because he hasn't. >> do you remember his name? anybody? anybody? bueller? anybody? senator pat -- >> the god father, make the whole problem go away, godfather. >> thank you, i wonder if i can get in trouble for bringing that up because he was a nevada senator, too. >> do you remember how to get a license? that would never happen -- >> see you tomorrow. >> oh, god, no, please. thanks, howard, love you. >> always a delight and a pleasure. we'll see you soon. >> thank you. >>> coming up, the markets are nervous the fiscal cliff is coming. where's congress? they're heading home? is that a good or bad thing? larry is out sick, but don't forget free market capitalism is the best path to prosperity. "the
i want you to think god father ii in that senator from nevada. let's watch this. >> people running for president filed a tax return and let everybody look at them and mitt romney's can't do that because he's basically paid no taxes in the prior 12 years. >> the word's out that he hasn't paid any taxes for ten years. let him prove that he has paid taxes because he hasn't. >> do you remember his name? anybody? anybody? bueller? anybody? senator pat -- >> the god father,...
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Feb 7, 2012
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are the carpetbaggers of nevada. we've had people from nevada who really take issue with it on the show who called us out on it which is why we are so sensitive to it. >> i've become sensitive now as well. >> it came from people from nevada calling in. i will -- >> maybe i'm hanging with the wrong people in vegas. >> i don't doubt that. >> thank you. >>> back to the news, we have a few releases to watch today on the earnings front. we're going to get quarterly results before the bell from coca-cola. analysts are looking for a profit of 77 cents on revenue of nearly $11 billion. disney is also going to be reporting today after the bell. the immediamedia giant has seen earnings 72 cents a share with revenue of $11.1 billion. as for the economic calendar later today at 10:00 eastern time we're going to get the labor department on job openings and labor turnover. so-called jolts report and then the fed releases december consumer credit debt. >> and greece's prime minister and the leaders of the main political parties res
are the carpetbaggers of nevada. we've had people from nevada who really take issue with it on the show who called us out on it which is why we are so sensitive to it. >> i've become sensitive now as well. >> it came from people from nevada calling in. i will -- >> maybe i'm hanging with the wrong people in vegas. >> i don't doubt that. >> thank you. >>> back to the news, we have a few releases to watch today on the earnings front. we're going to get...
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Feb 9, 2012
02/12
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we've seen some pickup in nevada. so i think not only entertainment, biotech is strong in southern california. manufacturing, professional services, a lot of the industries that city national specializes in, we're seeing some improvement. gdp's, you know, 2%, 2.5% is our outlook for 2012. that's encouraging, confidence is building. it's not out of control. it's not giddy. but, you know, you guys have been reporting on the unemployment claims number coming down, unemployment coming down a bit. so i think we're seeing some steady progress. and if europe and iran don't blow up, i think we should have a pretty good year assuming that the payroll tax cut gets continued. >> okay. thank you mr. goldsmith. >> thank you. >> good to have you here. ceo of city national bank. up next, an under the radar stock music to investors ears right now up more than 25% this year. >> i just stuck a high profile here how paul mccartny thinks that's going to drive growth. oh! [ baby crying ] ♪ what started as a whisper ♪ every day, mi
we've seen some pickup in nevada. so i think not only entertainment, biotech is strong in southern california. manufacturing, professional services, a lot of the industries that city national specializes in, we're seeing some improvement. gdp's, you know, 2%, 2.5% is our outlook for 2012. that's encouraging, confidence is building. it's not out of control. it's not giddy. but, you know, you guys have been reporting on the unemployment claims number coming down, unemployment coming down a bit....
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Dec 6, 2012
12/12
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getting a game license in nevada is a key first step. but a much bigger hurdle is the fact that online gambling is illegal in the u.s. zynga could be sitting on a gold mine if even a few percent of its monthly poker players gamble. even if online gambling does become legal, all the big casino owners would pose some very steep competition. bill and maria. >> indeed. julia, thank you. despite today's gains, shares of zynga still plummeting this year, losing some 70%. does this news change the outlook? let's start talking numbers on zynga today. on the technical side, mark newton with grey wolf execution partners. on the fundamental side, paul hickey. does this make you want to buy the stock? >> not really. the biggest hang-up is the valuati valuation. for growth stocks in general, when a valuation isn't always a hang-up, but the problem with zynga is by most metrics, its growth is either slowing or declining. it doesn't seem to justify that high valuation. >> all right. mark, let's look at the chart. what does it tell you? what about this
getting a game license in nevada is a key first step. but a much bigger hurdle is the fact that online gambling is illegal in the u.s. zynga could be sitting on a gold mine if even a few percent of its monthly poker players gamble. even if online gambling does become legal, all the big casino owners would pose some very steep competition. bill and maria. >> indeed. julia, thank you. despite today's gains, shares of zynga still plummeting this year, losing some 70%. does this news change...
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Dec 11, 2012
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they're going to nevada, arizona, texas. they're going everywhere except cal. here's michael reagan, political consultant and author of the new reagan revolution. thanks for coming back on. it doesn't have to be this way. this is the most screwed up state in the country. >> and then they voted to raise taxes the 13.3%. the millionaire's tax that starts at $250,000 per household. they wonder why people are leaving. 17 companies are month are leaving the state of california. but worse, they are taking their workers with them to the state of arizona, nevada, texas and what have you. people are leaving the state, not moving into it. >> this renewable energy thing is hilarious. what if there's no wind, no sun. they have to have backup of fossil fuel generators, turbines and whatnot. you have to have the great green energy experiment which doesn't work. instead they have to double up on fossil fuels which costs everybody a fortune. >> it all started under governor arnold schwarzenegger with the cap and trade, green energy bill. it's expanded since then. this year you
they're going to nevada, arizona, texas. they're going everywhere except cal. here's michael reagan, political consultant and author of the new reagan revolution. thanks for coming back on. it doesn't have to be this way. this is the most screwed up state in the country. >> and then they voted to raise taxes the 13.3%. the millionaire's tax that starts at $250,000 per household. they wonder why people are leaving. 17 companies are month are leaving the state of california. but worse, they...
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May 8, 2012
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>> you always give me the ne nevada/nevada. >> that's because it's in thisd holland. you will feel pre-to go hofree go hollande. you have their politics, hair quest for fairness and social safety net. so you go ahead. jump actual tofull force into h. >> and then he also has to say paris. >> do you know who does that? francois hollande is what i'll to. you know who drives me up the wall? well, you do. but in addition to you with his pretentious perfect proceed muns yags of all foreign -- al wleks fing are a beck. we have does he a question, and then if the contestants don't know the answer, sometimes he's like -- it's really -- ♪ he's in-sufferable in terms of his pronunciation. i'll be the anti-trebek. >> joe is trying to get an invitation to jeopardy. >> oh, yeah that's me. not only that, because he knows the answers, because they're given to him, he starts thinking he knows the answers. he does. he thinks he knows every answer and he doesn't. he probably would lose. >> i actually think he would know -- >> in-sufferable. >> scott wapner once called me pre-enissues
>> you always give me the ne nevada/nevada. >> that's because it's in thisd holland. you will feel pre-to go hofree go hollande. you have their politics, hair quest for fairness and social safety net. so you go ahead. jump actual tofull force into h. >> and then he also has to say paris. >> do you know who does that? francois hollande is what i'll to. you know who drives me up the wall? well, you do. but in addition to you with his pretentious perfect proceed muns yags...
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Dec 21, 2012
12/12
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we're expecting him to be joined by the senate majority leader harry reid of nevada. as soon as the president approaches that podium we will go straight to him. but of course we do want to talk about the markets because the story of the day was the impact of washington, and the inability to get a deal done on the markets. we're here with the options action traders and carter braxtonworth of oppenheimer. how do the markets look as we set up going into 2013? >> sure. well i mean, holding aside the news today, if one were just to look at the last four or five weeks we've moved on the s&p from 1343 to 1443, 100 point move, 7%. it's perfectly normal to have a 1%, 2% pullback. the issue is this. right now the s&p is the worst performing bourse or index of 24 developed countries. britain, germany, france, portugal, you pick it, canada. it's not a particularly robust period with u.s. equities and we think q1 is going to be sloppy. in fact if there's any asymmetry it's downside risk, of course, then very little upside potential. >> carter makes a good point in that other marke
we're expecting him to be joined by the senate majority leader harry reid of nevada. as soon as the president approaches that podium we will go straight to him. but of course we do want to talk about the markets because the story of the day was the impact of washington, and the inability to get a deal done on the markets. we're here with the options action traders and carter braxtonworth of oppenheimer. how do the markets look as we set up going into 2013? >> sure. well i mean, holding...
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Oct 8, 2012
10/12
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it now takes in more gambling tax money than nevada. indiana, new york and louisiana all rake in more than half a billion a year. nationally kw lly gambling is $ billion a year in revenues but 8 $8 billion in taxes. took 3,500 construction workers to build this place. 2,000 casino workers staff it. obviously it is a big deal in terms of job creation. now there are indirect jobs, too, expected to be built around this facility because they want to build up the area. now the biggest question is supply/demand. new jersey's been absolutely cannibalized by what they've added in mad added in pennsylvania. next spring they'll open their fourth casino. eventually they'll open one of these things and it is not going to do well, but right now there is a demand for it. >> it is definitely hopping there. brian schactman, have a good time. spend some money. >>> so are casinos a good bet for a community? for your community perhaps? joining us, jim rubens, chair of the granite state coalition against expanding gambling. on the cnbc news line, judy patt
it now takes in more gambling tax money than nevada. indiana, new york and louisiana all rake in more than half a billion a year. nationally kw lly gambling is $ billion a year in revenues but 8 $8 billion in taxes. took 3,500 construction workers to build this place. 2,000 casino workers staff it. obviously it is a big deal in terms of job creation. now there are indirect jobs, too, expected to be built around this facility because they want to build up the area. now the biggest question is...
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Feb 7, 2012
02/12
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romney's win in nevada and florida, he won almost across the board. economic conservatives, social conservatives, self-described tea party people, moderates. he is bringing it home and honing his message and delivering. and that's why he's had these huge margins of victory. in the places where delegates are actually being awarded. i wasn't emif a seize these three too much tomorrow because there are no delegates being awarded. they're largely beauty contests, and romney and the campaign are very disciplined this year. they're they're spending time and money and resources where they can bring delegates home. so look for the big payoff in places like super tuesday and primary states. >> keith boykin, on the other hand, to be fair and balanced, mr. romney has had a couple major league gaffes. one he's not worried about poor people. he's for the safety net. he would agree with you, and he would probably agree with president obama. but not conservatives. and the second one is, he wants to raise the minimum wage by indexing it for inflation. you might agree
romney's win in nevada and florida, he won almost across the board. economic conservatives, social conservatives, self-described tea party people, moderates. he is bringing it home and honing his message and delivering. and that's why he's had these huge margins of victory. in the places where delegates are actually being awarded. i wasn't emif a seize these three too much tomorrow because there are no delegates being awarded. they're largely beauty contests, and romney and the campaign are...
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Dec 28, 2012
12/12
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in fact, harry reid now has the republican senator joining him from nevada who won because he made that commitment. he took the pledge, and the democrat that harry reid supported attacked him for taking the pledge, and the people of nevada said we want a senator who will stand with us against harry reid's tax increases, so -- and, of course, the issue that came up with plan "b" which was mr. boehner's recommendation that we pass something out of the house which would stop all the tax increases on anyone who earned less than $1 million permanently, was something that didn't violate the pledge, and we said so and endorsed the message. >> why did thn't that violate t pledge? it raises taxes. >> there's an automatic tax increase coming up. what it does is says permanently. most of the people who would be hit by that tax increase will never be hit by it. there's one of the challenges that you have is obama, when he ran for office four years ago, said he'd never raise taxes on anyone who made less than $200,000, married people less than $250,000, but the new pledge made in 2012 said that his
in fact, harry reid now has the republican senator joining him from nevada who won because he made that commitment. he took the pledge, and the democrat that harry reid supported attacked him for taking the pledge, and the people of nevada said we want a senator who will stand with us against harry reid's tax increases, so -- and, of course, the issue that came up with plan "b" which was mr. boehner's recommendation that we pass something out of the house which would stop all the tax...
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Jul 12, 2012
07/12
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the city of north love love, nevada, had to it said after it couldn't get union concessions and the city manager claims that north las vegas is still making bond payments, meeting payroll and pension obligations. he thinks the city can avoid bankruptcy and not sure about the neighbors around the west. >> we believe that, you know, what has maybe been the tip of the iceberg is going to start to unfold here in the next few years. >> i wouldn't be surprised if there were more in california or around the country. i don't think it has implications for, you know, another filing every week. i don't think that's going to happen. >> reporter: all right. the market's reaction, a good week for muni bonds. more than $7 billion of them hitting the market and turn arounds. vote earls in san jose have voted to cut the benefits for not just future retirees but current retirees and even montibello on the brink of insolvency last year and apparently got a surplus projected for this year so perhaps the wave of bankruptcy is bringing all sides to the table like never before to work out the concessions. back
the city of north love love, nevada, had to it said after it couldn't get union concessions and the city manager claims that north las vegas is still making bond payments, meeting payroll and pension obligations. he thinks the city can avoid bankruptcy and not sure about the neighbors around the west. >> we believe that, you know, what has maybe been the tip of the iceberg is going to start to unfold here in the next few years. >> i wouldn't be surprised if there were more in...
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Dec 3, 2012
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the rest are new york, new jersey, illinois and nevada. four out of five are judicial states where you need a judge to sign off on each foreclosure. nevada seeing a big slowdown due to new laws there protecting borrowers. expect to see more of a drop in foreclosures in the coming months. both fannie mae and freddie mac announcing their usual foreclosure moratorium for the holidays. most banks halt foreclosures for 90 days in new york and new jersey. clear capital will release a report tomorrow showing home price gains weakening rather dramatically in november and they're warning all bets are off on housing improvements should we go over the fiscal cliff. >>> speaking of housing, would you buy a mortgage from walmart? or how about a mortgage from an onlime payment providing like paypal? results after new survey, what does it mean for banks and consumers in the next half-hour. >>> a deal may be in the works involving two of the best known airlines. delta is in talks to buy 49% of virgin atlantic from it current shareholder which is singapore
the rest are new york, new jersey, illinois and nevada. four out of five are judicial states where you need a judge to sign off on each foreclosure. nevada seeing a big slowdown due to new laws there protecting borrowers. expect to see more of a drop in foreclosures in the coming months. both fannie mae and freddie mac announcing their usual foreclosure moratorium for the holidays. most banks halt foreclosures for 90 days in new york and new jersey. clear capital will release a report tomorrow...
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May 29, 2012
05/12
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he is instead in nevada. i think you can see a live picture of him now. he is trying to keep the focus on why he would be a better steward of the economy than barack obama. >> we need to have presidents who understand how this economy works day to day, small business, middle size business, big business. i do. i want to use that experience to get us to work again. a. >> now, of course, team obama is trying to make mitt romney pay a price for the fact that he's attending a fund-raiser with donald trump tonight. donald trump was on our air this morning on "squawk box" repeating his questioning of president obama's birth certificate. but this is not a subject that mitt romney wants to deal with. in fact, he put out a statement saying he believes barack obama was born in the united states and he himself put out a new ad today that focuses squarely on the economy, answering the bain capital attacks by going after president obama's stimulus program. >> president obama is spending your tax dollars to create jobs. how's he doing? you've heard of solyndra. they too
he is instead in nevada. i think you can see a live picture of him now. he is trying to keep the focus on why he would be a better steward of the economy than barack obama. >> we need to have presidents who understand how this economy works day to day, small business, middle size business, big business. i do. i want to use that experience to get us to work again. a. >> now, of course, team obama is trying to make mitt romney pay a price for the fact that he's attending a fund-raiser...
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Jul 10, 2012
07/12
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. >> caller: this is tracy with a nevada boo-yah. >> i like that. high spirits. >> chipotle and cmg. >> you have to buy these on a way down in a horrible market. i'm going to continue to reiterate, you buy deep in the money calls six months out. i'm going to use starbucks an allergen. that's the conclusion of "the light niening round." take the privileged investing tools of wall street and make them simple, intuitive, and available to all. distill all that data. make information instinctual, visual. introducing trade architect, td ameritrade's empowering web-based trading platform. take control of your portfolio today. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. it's very important to understand how math and science kind of makes the world work. in high school, i had a physics teacher by the name of mr. davies. he made physics more than theoretical, he made it real for me. we built a guitar, we did things with electronics and mother boards. that's where the interest in engineering came from. so now, as
. >> caller: this is tracy with a nevada boo-yah. >> i like that. high spirits. >> chipotle and cmg. >> you have to buy these on a way down in a horrible market. i'm going to continue to reiterate, you buy deep in the money calls six months out. i'm going to use starbucks an allergen. that's the conclusion of "the light niening round." take the privileged investing tools of wall street and make them simple, intuitive, and available to all. distill all that...
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Feb 6, 2012
02/12
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. >> nevada, nevada, nevada. >> reporter: sorry. >> joe is not here. >> reporter: that's the first time i've mess ed it up in thre weeks. >> sheldon adelson is said to get behind romney if newt wasn't the man? >> reporter: of course he will. every big republican donor 0 will get behind romney if he's the nominee. >> not only get behind him but put up more money than against newt. >> reporter: sure. at that point you're in the full-blown partisan war. it's hard to take sides in a primary because most of the big donors, defensemmocrat or repub have got multiple friends within their own party. sheldon adelson and his wife are being loyal to newt gingrich, somebody they have had a relationship with for quite a long time and, you know, singularly funding this super pac effort but he's a smart guy. he understands the odds are very, very heavily weighted against newt gingrich and so he wants to be on the right side of the eventual nominee and if you are a conservative republican you believe what your party stands for, you are going to want to be all in. >> gingrich isn't even on the ballot in
. >> nevada, nevada, nevada. >> reporter: sorry. >> joe is not here. >> reporter: that's the first time i've mess ed it up in thre weeks. >> sheldon adelson is said to get behind romney if newt wasn't the man? >> reporter: of course he will. every big republican donor 0 will get behind romney if he's the nominee. >> not only get behind him but put up more money than against newt. >> reporter: sure. at that point you're in the full-blown partisan...
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Dec 22, 2012
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available funds to be invested, las vegas sands is a fine sales to income growth in china, asia and nevada and with p & e of 26.9 in a buy recommendation reiterated today, is now the time to be on the las vegas strain? >> i like mgm first. i like wynn second and i like lvs third. there are very little distance between those. they are all good. thank you, shane. thank you for calling. things are waking up in vegas, friends. add that to its improving balance sheet and strength in china and you got the fiscal cliff blues, don't let them get you down too much because mgm is being brought down to prices where you can buy, buy, buy. stay with cramer. >>> it is time. it is time for the lightning round here on cramer's "mad money!" are you ready? we go to ginny in california. >> caller: one is what's happening with it and number two is i mistakenly put it in my i.r.a. before i knew we weren't supposed to. >> you're allowed to have a little bit. you have to go to your tax person on that. when you put it in, there's a limit before you get hit with that business tax. check that out. epd, they are all
available funds to be invested, las vegas sands is a fine sales to income growth in china, asia and nevada and with p & e of 26.9 in a buy recommendation reiterated today, is now the time to be on the las vegas strain? >> i like mgm first. i like wynn second and i like lvs third. there are very little distance between those. they are all good. thank you, shane. thank you for calling. things are waking up in vegas, friends. add that to its improving balance sheet and strength in china...
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Apr 30, 2012
04/12
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. >> reno, nevada issue. >> nevada. it is not nevada in any way shape or form anywhere. >> okay. in that case again, though, it's not that they're moving -- this goes back on moving people. they're not moving the people to nevada, right, they're moving like five people to nevada so they can get the better tax rate. >> but california is not a good place to do any type of business p. >> i agree. and yet automatic of the ds all last week said i have to do business in silicon valley. >> do you agree tax competition is a good thing? >> i think i do. >> tax rates are gone down over the last 30 years. >> are you following me on twitter? so you didn't see -- you know what happened to me. there was this dude in disguise and it was so obvious it was a disguise, he had a big yankee uniform on, dark glasses, and i looked at him and i said that's like rushdy. and i tweeted it out and he said this is like the seinfeld episode. except what's different is this time it was me. seinfeld, it was not. >> why is he still in hiding? >> he has to be. >> i saw him saturday night after. >> so you know th
. >> reno, nevada issue. >> nevada. it is not nevada in any way shape or form anywhere. >> okay. in that case again, though, it's not that they're moving -- this goes back on moving people. they're not moving the people to nevada, right, they're moving like five people to nevada so they can get the better tax rate. >> but california is not a good place to do any type of business p. >> i agree. and yet automatic of the ds all last week said i have to do business in...
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Nov 7, 2012
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nevada is the opposite case. high unemployment rate but some argue harry reid has put enough machinery on the ground to make a difference for the democrats. >> first, can you hear me this time? >> we can. >> great. so first i will say as a virginia resident, i think we're all going to be very happy when this election is finally over. when you're in a swing state you get ten robo calls a day and things stuffed in your mailbox every night. virginia is exceptional for a couple reasons. first, governor mcdonald has done quite an extraordinary job of lifting the economy here, done it with a set of policies that are in direct opposition to president obama has done in the past and will do in the future, that is he's lowered tax rates closed a budget deficit. but as was pointed out earlier, virginia is also a place that benefits tremendously from federal government, from the military, and from businesses that associate themselves with the defense establishment in general. i do think that if virginia goes to obama, that's
nevada is the opposite case. high unemployment rate but some argue harry reid has put enough machinery on the ground to make a difference for the democrats. >> first, can you hear me this time? >> we can. >> great. so first i will say as a virginia resident, i think we're all going to be very happy when this election is finally over. when you're in a swing state you get ten robo calls a day and things stuffed in your mailbox every night. virginia is exceptional for a couple...
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Dec 18, 2012
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. >> some real money gambling thing they are trying to do in nevada. >> what i just mentioned. absolutely. is that something that will pull them out of the weeds, who knows. this is all about execution. we haven't seen it. we've seen somebody blinded by hubris which unfortunately happens especially with these ipos. >> we'll look forward to the countdown and see who three, two, and one is. oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. [ male announcer ] when gloria and her financial advisor made a retirement plan, they considered all her assets, even those held elsewhere, giving her the confidence to pursue all her goals. when you want a financial advisor who sees the whole picture, turn to us. wells fargo advisors. look, if you have copd like me, you know it can be hard to breathe, and how that feels. cop
. >> some real money gambling thing they are trying to do in nevada. >> what i just mentioned. absolutely. is that something that will pull them out of the weeds, who knows. this is all about execution. we haven't seen it. we've seen somebody blinded by hubris which unfortunately happens especially with these ipos. >> we'll look forward to the countdown and see who three, two, and one is. oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i...
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Jan 31, 2012
01/12
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around 3% of loans are stuck in california and nevada. 14% of florida homes are stuck in foreclosure. that's a huge pipeline that will take years to empty. home prices in florida are down anywhere from 40% to 50% depending where you look from the peak of the housing bubble. and home building in the state is down 80% from 2006. the state has lost thousands of housing-related jobs, companies, and even residents. the one area the candidates might point to as improving is the miami beach condo market. but they'd be sorry if they did. condo sales were up 150% in miami beach in 2011 according to the year before. but it was largely foreign buyers. not a fact that would appeal to locals. although all the foreign buyers are helping to stabilize overall condo prices. s suffice it to say, floridians will look to the expansion of the mortgage modification program for principle write down. they'll also look at the new re-fi opportunities because 44% of floridian borrowers owe more on their mortgages than their homes are worth. >> thanks very much. really the crux of the problem there that we're st
around 3% of loans are stuck in california and nevada. 14% of florida homes are stuck in foreclosure. that's a huge pipeline that will take years to empty. home prices in florida are down anywhere from 40% to 50% depending where you look from the peak of the housing bubble. and home building in the state is down 80% from 2006. the state has lost thousands of housing-related jobs, companies, and even residents. the one area the candidates might point to as improving is the miami beach condo...
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Apr 3, 2012
04/12
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administration has resigned amid reports of lavish spending by the agency on a training conference in nevada in 2010. the gsa is responsible for making the u.s. government more efficient overseeing things like the purchase of office supplies and transportation. and the "washington post"eg org spent $820,000 on this including 320,000 on a mind reader, $70,000 on a team building exercise. white house says president obama is outraged at the wasteful spending. joining us to talk about these issues and everything really on the docket, steven forbes, forbes media. of course the latest issue of "forbes magazine" featuring matt kemp is on news stands right now. thank so much for joining us about. >> good to be with you. >> let's talk about the story that i just read there about wasteful spending in terms of the government. obviously this is not just an issue under president obama. it's a larger issue. how do we rein in and get a grip on some of the spending? >> well, don't do it. cut back what the government does. you can have many agencies, they become emmercied in the bureaucracy syndrome, and at
administration has resigned amid reports of lavish spending by the agency on a training conference in nevada in 2010. the gsa is responsible for making the u.s. government more efficient overseeing things like the purchase of office supplies and transportation. and the "washington post"eg org spent $820,000 on this including 320,000 on a mind reader, $70,000 on a team building exercise. white house says president obama is outraged at the wasteful spending. joining us to talk about...
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Nov 12, 2012
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i spoke to a woman in nevada who has an advanced stage of cancer, and she was told by her county hospital that they couldn't treat her because a hold had been blown in the state budget. what do you say to those people? >> well, i got into economics because i wanted to make things better for the average person. when i see a job loss number of 650,000, like we saw last month, i know that's not just a number. that's 650,000 lives that have been disrupted, families that have had to move or take children out of school, houses that may be in danger of foreclosure. i know something about what people are going through. >> and that makes it all the more outrageous when he hears of financial firms handing out perks and bonuses after they've taken bailout money. >> the era of this high living, this is over now, and that they need to be responsible and use the money constructively. >> and you would say what to those bankers right now in this interview? i'd say that their job right now is to find a way to make loans to creditworthy borrowers, to get their banks back on the path of making good loans, s
i spoke to a woman in nevada who has an advanced stage of cancer, and she was told by her county hospital that they couldn't treat her because a hold had been blown in the state budget. what do you say to those people? >> well, i got into economics because i wanted to make things better for the average person. when i see a job loss number of 650,000, like we saw last month, i know that's not just a number. that's 650,000 lives that have been disrupted, families that have had to move or...
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Jun 1, 2012
06/12
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i was with a family in reno, nevada, a couple weeks ago. they got a chance to refinance. even though their home was under water, put that money back in their pockets because we had taken some steps as an administration to make that available for those who have mortgages held by government agencies like the fha or government guaranteed. but not everybody has those kinds of mortgages. i want everybody to have those same opportunities. i assume there are some folks here who could use $3,000 a year. let's get that done right now. that means they're -- you know, if you got $3,000 a year extra, that helps you pay down your credit cards. that helps you go out and buy some things that your family needs. which is good for business. maybe somebody will be replacing some thing-a-jig for their furnace. they've been putting that off. but they got that extra money, they might just go out there and buy that thing. [ laughter ] right? [ cheers and applause ] right now congress needs to extend the tax credits for clean energy manufacturers that are set to expire at the end of this year. y
i was with a family in reno, nevada, a couple weeks ago. they got a chance to refinance. even though their home was under water, put that money back in their pockets because we had taken some steps as an administration to make that available for those who have mortgages held by government agencies like the fha or government guaranteed. but not everybody has those kinds of mortgages. i want everybody to have those same opportunities. i assume there are some folks here who could use $3,000 a...
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Oct 26, 2012
10/12
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poll shows mitt romney has pulled even with president obama in colorado and is trailing narrowly in nevada. both candidates have been crisscrossing the country this week with particular attention paid to ohio which has correctly picked every election winner since 1960. spending heavy of course is a necessity if you want to become president of the united states as as the campaign heats up, aim mond and i monday j. >> it's an enormous price tag. they've spent more than $1.483 billion so far and that number is still climbing. here are the numbers. the top three pro obama super pacs dumped in $53.7 million according to the center for responsive politics. team obama comes in with over $779 million in spending. romney campaign spent over $298 million. republican national committee piled on another $249 million. and the top three pro romney super pacs added a whopping $156.5 million. again according to the center for responsive politics. total spent, more than $700 million. now, so far team obama manages to outspend the romney camp by more than $75 million. and keep in mind this doesn't include a
poll shows mitt romney has pulled even with president obama in colorado and is trailing narrowly in nevada. both candidates have been crisscrossing the country this week with particular attention paid to ohio which has correctly picked every election winner since 1960. spending heavy of course is a necessity if you want to become president of the united states as as the campaign heats up, aim mond and i monday j. >> it's an enormous price tag. they've spent more than $1.483 billion so far...
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Dec 22, 2012
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available funds to be invested, las vegas sands is a fine sales to income growth in china, asia and nevada and with p & e of 26.9 in a buy recommendation reiterated today, is now the time to be on the las vegas strain? >> i like mgm first. i like wynn second and i like lvs third. there are very little distance between those. they are all good. thank you, shane. thank you for calling. things are waking up in vegas, friends. add that to its improving balance sheet and strength in china and you got the fiscal cliff blues, don't let them get you down too much because mgm is being brought down to prices where you can buy, buy, buy. stay with cramer. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. i gave bfive days later,ter i had a massive h
available funds to be invested, las vegas sands is a fine sales to income growth in china, asia and nevada and with p & e of 26.9 in a buy recommendation reiterated today, is now the time to be on the las vegas strain? >> i like mgm first. i like wynn second and i like lvs third. there are very little distance between those. they are all good. thank you, shane. thank you for calling. things are waking up in vegas, friends. add that to its improving balance sheet and strength in china...